Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
£ 2050
per

Your estimated
City
free-cash

Valencia , Spain
£1071
£856
£895
£1111
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
unemployment
-
-
-
6
income
-
-
-
652
other
-
-
-
1
accident
-
-
-
8
pensions
-
-
-
238
total
-
-
-
905
Employee
336
-
1 781
-
unemployment
5
-
13
-
pensions
16
-
40
-
income
65
-
621
-
other
-
-
1
-
total
86
-
675
-
Employer
336
-
1 781
-
pensions
79
-
199
-
accident
7
-
17
-
unemployment
18
-
46
-
other
3
-
7
-
total
107
-
269
-
Corporate
1 607
2 050
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

241
308
-
-
total
241
308
-
-
Dividends
1 366
1 742
-
-
withholding
295
381
-
-
total
295
381
-
-
Income
2 050
2 050
2 050
2 050
Total tax
729
689
944
905
After tax
1 321
1 361
1 106
1 145
Living cost
250
250
250
250
Free-cash
1 071
1 111
856
895

Estimated living cost  is £250 per week

£169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£24
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£53
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
£1201
£973
£990
£1265
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
332
income
-
-
-
359
other
-
-
-
66
health
-
-
-
61
total
-
-
-
818
Employee
330
-
1 699
-
health
5
-
19
-
unemployment
3
-
14
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

23
-
97
-
income
57
-
354
-
total
88
-
484
-
Employer
330
-
1 699
-
health
5
-
19
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

56
-
235
-
accident
3
-
14
-
unemployment
3
-
14
-
other
17
-
69
-
total
84
-
351
-
Corporate
1 637
2 050
-
-
income
344
430
-
-
total
344
430
-
-
Dividends
1 293
1 620
-
-
withholding
91
113
-
-
total
91
113
-
-
Income
2 050
2 050
2 050
2 050
Total tax
607
543
835
818
After tax
1 443
1 507
1 215
1 232
Living cost
242
242
242
242
Free-cash
1 201
1 265
973
990

Estimated living cost  is £242 per week

£171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£51
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
£1591
£1624
£1539
£1634
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
47
unemployment
-
-
-
1
income
-
-
-
307
health
-
-
-
37
total
-
-
-
392
Employee
158
-
1 988
-
health
7
-
15
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

14
-
28
-
income
16
-
199
-
total
39
-
245
-
Employer
158
-
1 988
-
health
11
-
22
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

17
-
35
-
accident

We are using the highest rate at 1.1%.

2
-
3
-
unemployment
1
-
2
-
total
31
-
62
-
Corporate
1 861
2 050
-
-
income
186
205
-
-
total
186
205
-
-
Dividends
1 675
1 845
-
-
withholding
84
92
-
-
total
84
92
-
-
Income
2 050
2 050
2 050
2 050
Total tax
340
297
307
392
After tax
1 710
1 753
1 743
1 658
Living cost
119
119
119
119
Free-cash
1 591
1 634
1 624
1 539

Estimated living cost  is £119 per week

£70
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£38
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
£776
£750
£810
£722
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
income
-
-
-
383
other
-
-
-
64
health
-
-
-
101
social contributions
-
-
-
58
pensions
-
-
-
323
surtax
-
-
-
-
total
-
-
-
929
Employee
389
-
1 563
-
pensions
44
-
118
-
income
23
-
340
-
social contributions
11
-
45
-
surtax
-
-
-
-
total
78
-
503
-
Employer
389
-
1 563
-
health
27
-
156
-
social contributions
1
-
5
-
pensions
64
-
197
-
unemployment
16
-
63
-
other
13
-
65
-
total
121
-
486
-
Corporate
1 540
2 050
-
-
income
431
574
-
-
surtax
-
-
-
-
total
431
574
-
-
Dividends
1 108
1 476
-
-
social contributions
191
254
-
-
surtax
-
-
-
-
withholding
142
189
-
-
total
333
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
963
1 017
989
929
After tax
1 087
1 033
1 061
1 121
Living cost
311
311
311
311
Free-cash
776
722
750
810

Estimated living cost  is £311 per week

£196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
£585
£931
£720
£641
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
pensions
-
-
-
106
income
-
-
-
731
health
-
-
-
112
total
-
-
-
949
Employee
776
776
1 881
-
health
119
101
112
-
pensions
140
106
106
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

127
127
351
-
total
386
334
569
-
Employer
776
776
1 881
-
health
54
54
67
-
pensions
54
54
67
-
unemployment
28
28
35
-
total
136
136
169
-
Corporate
1 147
1 138
-
-
income
229
228
-
-
total
229
228
-
-
Dividends
918
910
-
-
income
195
193
-
-
withholding
138
137
-
-
total
333
330
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 084
1 028
738
949
After tax
966
1 022
1 312
1 101
Living cost
381
381
381
381
Free-cash
585
641
931
720

Estimated living cost  is £381 per week

£270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£71
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
£858
£992
£736
£758
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
2 050
trade
-
-
-
256
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
683
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
62
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
38
total
-
-
-
1 039
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

348
-
2 050
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

62
-
62
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

10
-
683
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1
-
38
-
total
73
-
783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 702
2 050
-
-
income
255
308
-
-
trade
268
323
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

14
17
-
-
chamber of commerce
4
4
-
-
total
541
652
-
-
Dividends
1 161
1 398
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

16
19
-
-
withholding
287
346
-
-
total
303
365
-
-
Income
2 050
2 050
2 050
2 050
Total tax
917
1 017
783
1 039
After tax
1 133
1 033
1 267
1 011
Living cost
275
275
275
275
Free-cash
858
758
992
736

Estimated living cost  is £275 per week

£173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£32
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
£1236
£1152
£1169
£1284
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
income
-
-
-
472
health
-
-
-
52
social contributions
-
-
-
147
total
-
-
-
671
Employee
699
699
1 936
-
health
5
12
33
-
income
76
65
463
-
social contributions
26
58
78
-
total
107
135
574
-
Employer
699
699
1 936
-
health
6
13
36
-
social contributions
26
58
78
-
total
32
71
114
-
Corporate
1 699
1 280
-
-
income
212
160
-
-
total
212
160
-
-
Dividends
1 487
1 120
-
-
withholding
253
190
-
-
total
253
190
-
-
Income
2 050
2 050
2 050
2 050
Total tax
604
556
688
671
After tax
1 446
1 494
1 362
1 379
Living cost
210
210
210
210
Free-cash
1 236
1 284
1 152
1 169

Estimated living cost  is £210 per week

£126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£21
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£59
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
£872
£625
£784
£882
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
2 050
income
-
-
-
269
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
712
surtax
-
-
-
-
total
-
-
-
981
Employee
418
-
1 657
-
income
87
-
563
-
social contributions
46
-
182
-
surtax
-
-
2
-
total
133
-
747
-
Employer
418
-
1 657
-
social contributions
99
-
393
-
total
99
-
393
-
Corporate
1 533
2 050
-
-
income
322
430
-
-
surtax
-
-
-
-
total
322
430
-
-
Dividends
1 211
1 620
-
-
withholding
339
453
-
-
total
339
453
-
-
Income
2 050
2 050
2 050
2 050
Total tax
893
883
1 140
981
After tax
1 157
1 167
910
1 069
Living cost
285
285
285
285
Free-cash
872
882
625
784

Estimated living cost  is £285 per week

£213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£17
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£50
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
£1866
£1571
£1960
£1878
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
2 050
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
21
total
-
-
-
21
Employee
86
-
2 050
-
income
17
-
410
-
total
17
-
410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

1 964
2 050
-
-
total
-
-
-
-
Dividends
1 964
2 050
-
-
withholding
98
103
-
-
total
98
103
-
-
Income
2 050
2 050
2 050
2 050
Total tax
115
103
410
21
After tax
1 935
1 947
1 640
2 029
Living cost
69
69
69
69
Free-cash
1 866
1 878
1 571
1 960

Estimated living cost  is £69 per week

£43
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£6
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£2
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£19
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
£1091
£663
£707
£1168
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
2 050
pensions
-
-
-
374
unemployment
-
-
-
3
income
-
-
-
520
health
-
-
-
202
total
-
-
-
1 099
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

402
-
1 774
-
health
26
-
115
-
unemployment
1
-
2
-
pensions
62
-
275
-
income
69
-
475
-
total
158
-
867
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

402
-
1 774
-
health
27
-
118
-
pensions
36
-
157
-
unemployment
-
-
1
-
total
63
-
276
-
Corporate
1 586
2 050
-
-
income
301
389
-
-
total
301
389
-
-
Dividends
1 284
1 661
-
-
withholding
193
249
-
-
total
193
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
715
638
1 143
1 099
After tax
1 335
1 412
907
951
Living cost
244
244
244
244
Free-cash
1 091
1 168
663
707

Estimated living cost  is £244 per week

£167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£16
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£56
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
£986
£1100
£1355
£955
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
2 050
income
-
-
-
308
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
57
total
-
-
-
365
Employee
417
-
2 008
-
social contributions
42
-
42
-
income
45
-
536
-
total
87
-
578
-
Employer
417
-
2 008
-
social contributions
42
-
42
-
total
42
-
42
-
Corporate
1 591
2 050
-
-
income
557
717
-
-
total
557
717
-
-
Dividends
1 034
1 333
-
-
social contributions
48
48
-
-
total
48
48
-
-
Income
2 050
2 050
2 050
2 050
Total tax
734
765
620
365
After tax
1 316
1 285
1 430
1 685
Living cost
330
330
330
330
Free-cash
986
955
1 100
1 355

Estimated living cost  is £330 per week

£217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£26
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
£1063
£1068
£1123
£1057
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
income
-
-
-
308
health
-
-
-
143
social contributions
-
-
-
283
total
-
-
-
734
Employee
308
-
2 050
-
health
22
-
143
-
income
51
-
363
-
social contributions
43
-
283
-
total
116
-
789
-
Employer
308
-
2 050
-
total
-
-
-
-
Corporate
1 742
2 050
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

87
103
-
-
total
87
103
-
-
Dividends
1 655
1 947
-
-
social contributions
228
269
-
-
withholding
248
292
-
-
health
115
136
-
-
total
591
697
-
-
Income
2 050
2 050
2 050
2 050
Total tax
794
800
789
734
After tax
1 256
1 250
1 261
1 316
Living cost
193
193
193
193
Free-cash
1 063
1 057
1 068
1 123

Estimated living cost  is £193 per week

£129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
£1065
£876
£968
£1157
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
income
-
-
-
221
health
-
-
-
277
social contributions
-
-
-
297
solidarity contribution
-
-
-
32
total
-
-
-
827
Employee
374
-
1 647
-
health
51
-
222
-
solidarity contribution
-
-
24
-
income
45
-
204
-
social contributions
24
-
66
-
total
120
-
516
-
Employer
374
-
1 647
-
health
34
-
148
-
social contributions
94
-
255
-
total
128
-
403
-
Corporate
1 548
2 050
-
-
income
294
389
-
-
total
294
389
-
-
Dividends
1 254
1 661
-
-
withholding
188
249
-
-
total
188
249
-
-
Income
2 050
2 050
2 050
2 050
Total tax
730
638
919
827
After tax
1 320
1 412
1 131
1 223
Living cost
255
255
255
255
Free-cash
1 065
1 157
876
968

Estimated living cost  is £255 per week

£189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£14
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£47
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
£1820
£1533
£1922
£1840
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
2 050
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
21
total
-
-
-
21
Employee
134
-
2 050
-
income
27
-
410
-
total
27
-
410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

1 916
2 050
-
-
total
-
-
-
-
Dividends
1 916
2 050
-
-
withholding
96
103
-
-
total
96
103
-
-
Income
2 050
2 050
2 050
2 050
Total tax
123
103
410
21
After tax
1 927
1 947
1 640
2 029
Living cost
107
107
107
107
Free-cash
1 820
1 840
1 533
1 922

Estimated living cost  is £107 per week

£73
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£5
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£27
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
£656
£622
£682
£594
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
income
-
-
-
383
other
-
-
-
64
health
-
-
-
101
social contributions
-
-
-
58
pensions
-
-
-
323
surtax
-
-
-
-
total
-
-
-
929
Employee
569
-
1 563
-
pensions
64
-
118
-
income
50
-
340
-
social contributions
16
-
45
-
surtax
-
-
-
-
total
130
-
503
-
Employer
569
-
1 563
-
health
40
-
156
-
social contributions
2
-
5
-
pensions
94
-
197
-
unemployment
23
-
63
-
other
20
-
65
-
total
179
-
486
-
Corporate
1 303
2 050
-
-
income
365
574
-
-
surtax
-
-
-
-
total
365
574
-
-
Dividends
938
1 476
-
-
social contributions
161
254
-
-
surtax
-
-
-
-
withholding
120
189
-
-
total
281
443
-
-
Income
2 050
2 050
2 050
2 050
Total tax
955
1 017
989
929
After tax
1 095
1 033
1 061
1 121
Living cost
439
439
439
439
Free-cash
656
594
622
682

Estimated living cost  is £439 per week

£297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£36
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
£1279
£1166
£1165
£1325
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
2 050
pensions
-
-
-
174
unemployment
-
-
-
10
income
-
-
-
475
health
-
-
-
69
total
-
-
-
728
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

236
-
1 930
-
health
12
-
34
-
unemployment
2
-
5
-
pensions
33
-
94
-
income
33
-
475
-
total
80
-
608
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

236
-
1 930
-
health
12
-
34
-
pensions
28
-
80
-
unemployment
2
-
5
-
total
42
-
119
-
Corporate
1 771
2 050
-
-
income
266
307
-
-
total
266
307
-
-
Dividends
1 506
1 743
-
-
withholding
226
261
-
-
total
226
261
-
-
Income
2 050
2 050
2 050
2 050
Total tax
614
568
727
728
After tax
1 436
1 482
1 323
1 322
Living cost
157
157
157
157
Free-cash
1 279
1 325
1 166
1 165

Estimated living cost  is £157 per week

£105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£12
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£35
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
£581
£928
£988
£318
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
pensions
-
-
-
189
city
-
-
-
22
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
41
health
-
-
-
5
regional
-
-
-
122
national
-
-
-
64
total
-
-
-
443
Employee
724
-
1 851
-
health
2
-
4
-
unemployment
-
-
-
-
city
8
-
20
-
pensions
61
-
138
-
regional
24
-
109
-
national
3
-
53
-
total
98
-
324
-
Employer
724
-
1 851
-
health
2
-
4
-
pensions
61
-
138
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

14
-
37
-
total
77
-
179
-
Corporate
1 241
2 050
-
-
regional
263
434
-
-
national
106
174
-
-
total
369
608
-
-
Dividends
873
1 442
-
-
withholding
306
505
-
-
total
306
505
-
-
Income
2 050
2 050
2 050
2 050
Total tax
850
1 113
503
443
After tax
1 200
937
1 547
1 607
Living cost
619
619
619
619
Free-cash
581
318
928
988

Estimated living cost  is £619 per week

£402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£56
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£8
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
£937
£673
£908
£908
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
2 050
municipal
-
-
-
364
health
-
-
-
28
national
-
-
-
401
total
-
-
-
793
Employee
478
-
1 725
-
health
4
-
23
-
unemployment
7
-
26
-
pensions
32
-
116
-
national
8
-
257
-
municipal
78
-
281
-
total
129
-
703
-
Employer
478
-
1 725
-
health
4
-
13
-
pensions
83
-
299
-
accident
-
-
2
-
unemployment
3
-
11
-
total
90
-
325
-
Corporate
1 482
2 050
-
-
income
296
410
-
-
total
296
410
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

889
1 230
-
-
municipal
160
221
-
-
national
89
162
-
-
total
249
383
-
-
Income
2 050
2 050
2 050
2 050
Total tax
764
793
1 028
793
After tax
1 286
1 257
1 022
1 257
Living cost
349
349
349
349
Free-cash
937
908
673
908

Estimated living cost  is £349 per week

£228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£34
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£82
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
£677
£364
£561
£794
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
109
social contributions
-
-
-
227
national
-
-
-
822
total
-
-
-
1 158
Employee

The minimum management director salary is set at €45,000 per year.

650
-
1 588
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

31
-
75
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

34
-
83
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6
-
14
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

49
-
119
-
national
200
-
601
-
total
320
-
892
-
Employer

The minimum management director salary is set at €45,000 per year.

650
-
1 588
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

40
-
98
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

58
-
141
-
surtax
74
-
180
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

8
-
21
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

9
-
23
-
total
189
-
463
-
Corporate
1 211
2 050
-
-
income
242
439
-
-
surtax
5
9
-
-
total
247
448
-
-
Dividends
964
1 602
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

286
477
-
-
total
286
477
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 042
925
1 355
1 158
After tax
1 008
1 125
695
892
Living cost
331
331
331
331
Free-cash
677
794
364
561

Estimated living cost  is £331 per week

£213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£29
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£84
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
£718
£630
£640
£726
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
unemployment
-
-
-
1
municipal
-
-
-
537
other
-
-
-
100
health
-
-
-
54
national
-
-
-
230
accident
-
-
-
2
pensions
-
-
-
93
total
-
-
-
1 017
Employee
561
-
1 779
-
national
-
-
225
-
municipal
167
-
531
-
total
167
-
756
-
Employer
561
-
1 779
-
health
34
-
53
-
pensions
61
-
93
-
accident
1
-
2
-
unemployment
15
-
23
-
other
65
-
100
-
total
176
-
271
-
Corporate
1 313
2 050
-
-
income
289
451
-
-
total
289
451
-
-
Dividends
1 024
1 599
-
-
withholding
307
480
-
-
total
307
480
-
-
Income
2 050
2 050
2 050
2 050
Total tax
939
931
1 027
1 017
After tax
1 111
1 119
1 023
1 033
Living cost
393
393
393
393
Free-cash
718
726
630
640

Estimated living cost  is £393 per week

£261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£39
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£88
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
£328
£1480
£979
£810
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
income
-
-
-
400
social contributions
-
-
-
234
total
-
-
-
634
Employee
627
-
-
-
income
138
-
-
-
social contributions
51
-
7
-
total
189
-
7
-
Employer
627
-
-
-
social contributions
884
-
126
-
total
884
-
126
-
Corporate
540
2 050
-
-
income
119
451
-
-
total
119
451
-
-
Dividends
421
1 599
-
-
income
93
352
-
-
total
93
352
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 285
803
133
634
After tax
765
1 247
1 917
1 416
Living cost
437
437
437
437
Free-cash
328
810
1 480
979

Estimated living cost  is £437 per week

£284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£41
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£6
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
£1161
£1067
£1084
£1199
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
income
-
-
-
472
health
-
-
-
52
social contributions
-
-
-
147
total
-
-
-
671
Employee
699
699
1 936
-
health
7
12
33
-
income
73
65
463
-
social contributions
34
58
78
-
total
114
135
574
-
Employer
699
699
1 936
-
health
8
13
36
-
social contributions
34
58
78
-
total
42
71
114
-
Corporate
1 599
1 280
-
-
income
200
160
-
-
total
200
160
-
-
Dividends
1 399
1 120
-
-
withholding
238
190
-
-
total
238
190
-
-
Income
2 050
2 050
2 050
2 050
Total tax
594
556
688
671
After tax
1 456
1 494
1 362
1 379
Living cost
295
295
295
295
Free-cash
1 161
1 199
1 067
1 084

Estimated living cost  is £295 per week

£202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£23
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£65
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
£1014
£815
£997
£962
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
income
-
-
-
640
pensions
-
-
-
89
total
-
-
-
729
Employee
445
-
1 786
-
health
6
-
24
-
pensions
34
-
105
-
income
81
-
518
-
total
121
-
647
-
Employer
445
-
1 786
-
health
8
-
34
-
pensions
45
-
230
-
total
53
-
264
-
Corporate
1 551
2 050
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

295
390
-
-
total
295
390
-
-
Dividends
1 257
1 660
-
-
withholding
243
374
-
-
total
243
374
-
-
Income
2 050
2 050
2 050
2 050
Total tax
712
764
911
729
After tax
1 338
1 286
1 139
1 321
Living cost
324
324
324
324
Free-cash
1 014
962
815
997

Estimated living cost  is £324 per week

£222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£30
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£68
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
£676
£527
£601
£718
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
municipal
-
-
-
14
regional
-
-
-
50
social contributions
-
-
-
455
national
-
-
-
568
total
-
-
-
1 087
Employee
766
-
2 050
-
social contributions
258
-
596
-
regional
12
-
45
-
national
129
-
507
-
municipal
5
-
13
-
total
404
-
1 161
-
Employer
766
-
2 050
-
total
-
-
-
-
Corporate
1 284
2 050
-
-
nationa
308
492
-
-
municipal
62
99
-
-
total
370
591
-
-
Dividends
914
1 459
-
-
withholding
238
379
-
-
total
238
379
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 012
970
1 161
1 087
After tax
1 038
1 080
889
963
Living cost
362
362
362
362
Free-cash
676
718
527
601

Estimated living cost  is £362 per week

£254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£25
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£77
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
£136
£937
£1206
-£28
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
pensions
-
-
-
37
income
-
-
-
589
other
-
-
-
3
health
-
-
-
19
accident
-
-
-
2
total
-
-
-
650
Employee
305
-
1 876
-
health
35
-
215
-
pensions
34
-
67
-
income
42
-
463
-
total
111
-
745
-
Employer
305
-
1 876
-
pensions
50
-
97
-
accident
5
-
31
-
unemployment
7
-
46
-
total
62
-
174
-
Corporate
1 683
2 050
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

1 515
1 845
-
-
total
1 515
1 845
-
-
Dividends
168
205
-
-
withholding
32
39
-
-
total
32
39
-
-
Income
2 050
2 050
2 050
2 050
Total tax
1 720
1 884
919
650
After tax
330
166
1 131
1 400
Living cost
194
194
194
194
Free-cash
136
-28
937
1 206

Estimated living cost  is £194 per week

£142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£11
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£37
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
£822
£916
£682
£704
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
2 050
trade
-
-
-
234
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
683
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
62
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
38
total
-
-
-
1 017
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

452
-
2 050
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

62
-
62
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

37
-
683
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

2
-
38
-
total
101
-
783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 598
2 050
-
-
income
240
308
-
-
trade
229
294
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

13
17
-
-
chamber of commerce
4
4
-
-
total
486
623
-
-
Dividends
1 112
1 427
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

15
19
-
-
withholding
275
353
-
-
total
290
372
-
-
Income
2 050
2 050
2 050
2 050
Total tax
877
995
783
1 017
After tax
1 173
1 055
1 267
1 033
Living cost
351
351
351
351
Free-cash
822
704
916
682

Estimated living cost  is £351 per week

£242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£38
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£66
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
£1377
£703
£557
£1451
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
2 050
income
-
-
-
433
microenterprise
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
348
surtax
-
-
-
523
total
-
-
-
1 304
Employee
266
-
1 612
-
income
47
-
367
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

29
-
119
-
surtax
-
-
234
-
total
76
-
720
-
Employer
266
-
1 612
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

64
-
261
-
surtax
-
-
177
-
total
64
-
438
-
Corporate
1 720
2 050
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

344
410
-
-
total
344
410
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

1 376
1 640
-
-
total
-
-
-
-
Income
2 050
2 050
2 050
2 050
Total tax
484
410
1 158
1 304
After tax
1 566
1 640
892
746
Living cost
189
189
189
189
Free-cash
1 377
1 451
703
557

Estimated living cost  is £189 per week

£121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£4
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£46
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
£1149
£1146
£1155
£1167
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
income
-
-
-
642
health
-
-
-
59
pensions
-
-
-
82
total
-
-
-
783
Employee
171
-
1 958
-
health
9
-
21
-
unemployment
2
-
4
-
pensions
15
-
37
-
income
33
-
638
-
total
59
-
700
-
Employer
171
-
1 958
-
health
16
-
39
-
pensions
19
-
45
-
unemployment
3
-
8
-
total
38
-
92
-
Corporate
1 840
2 050
-
-
income
405
451
-
-
total
405
451
-
-
Dividends
1 435
1 599
-
-
withholding
287
320
-
-
total
287
320
-
-
Income
2 050
2 050
2 050
2 050
Total tax
789
771
792
783
After tax
1 261
1 279
1 258
1 267
Living cost
112
112
112
112
Free-cash
1 149
1 167
1 146
1 155

Estimated living cost  is £112 per week

£67
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£9
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£3
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£34
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
£1057
£705
£760
£1085
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
pensions
-
-
-
243
unemployment
-
-
-
2
income
-
-
-
646
other
-
-
-
-
health
-
-
-
86
surtax
-
-
-
109
total
-
-
-
1 086
Employee
306
-
1 795
-
health
8
-
31
-
unemployment
21
-
84
-
pensions
20
-
81
-
income
51
-
592
-
other
-
-
-
-
surtax
1
-
98
-
total
101
-
886
-
Employer
306
-
1 795
-
health
14
-
55
-
pensions
41
-
162
-
unemployment
10
-
38
-
other
-
-
-
-
total
65
-
255
-
Corporate
1 679
2 050
-
-
income
437
533
-
-
total
437
533
-
-
Dividends
1 243
1 517
-
-
withholding
186
228
-
-
total
186
228
-
-
Income
2 050
2 050
2 050
2 050
Total tax
789
761
1 141
1 086
After tax
1 261
1 289
909
964
Living cost
204
204
204
204
Free-cash
1 057
1 085
705
760

Estimated living cost  is £204 per week

£123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
£18
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
£5
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
£58
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
£0
I'm drinking at home rarely or never.
£0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
£836
£247
£763
£840
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
2 050
pensions
-
-
-
196
chamber of commerce
-
-
-
8
unemployment
-
-
-
56
income
-
-
-
656
health
-
-
-
81
surtax
-
-
-
-
total
-
-
-
997
Employee
397
362
1 698
-
health
15
14
41
-
unemployment
12
11
32
-
pensions
41
37
109
-
income
35
27
552
-
other
4
4
11
-
total
107
93
745
-
Employer
397
362
1 698
-
health
15
14
40
-
pensions
50
45